NASDAQ:KRMD KORU Medical Systems (KRMD) Stock Price, News & Analysis $2.47 -0.01 (-0.40%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$2.45▼$2.5250-Day Range$2.10▼$2.9952-Week Range$1.98▼$3.12Volume38,647 shsAverage Volume142,480 shsMarket Capitalization$113.03 millionP/E RatioN/ADividend YieldN/APrice Target$3.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get KORU Medical Systems alerts: Email Address KORU Medical Systems MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside41.7% Upside$3.50 Price TargetShort InterestHealthy1.09% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.93Based on 11 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($0.16) to ($0.07) Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.50 out of 5 starsMedical Sector293rd out of 936 stocksSurgical & Medical Instruments Industry37th out of 101 stocks 3.6 Analyst's Opinion Consensus RatingKORU Medical Systems has received a consensus rating of Buy. The company's average rating score is 3.25, and is based on 3 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageKORU Medical Systems has only been the subject of 1 research reports in the past 90 days.Read more about KORU Medical Systems' stock forecast and price target. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.09% of the float of KORU Medical Systems has been sold short.Short Interest Ratio / Days to CoverKORU Medical Systems has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in KORU Medical Systems has recently decreased by 62.75%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldKORU Medical Systems does not currently pay a dividend.Dividend GrowthKORU Medical Systems does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for KRMD. Previous Next 2.7 News and Social Media Coverage News SentimentKORU Medical Systems has a news sentiment score of 0.93. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.62 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 11 news articles for KORU Medical Systems this week, compared to 1 article on an average week.Search InterestOnly 1 people have searched for KRMD on MarketBeat in the last 30 days. This is a decrease of -75% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, KORU Medical Systems insiders have not sold or bought any company stock.Percentage Held by Insiders25.60% of the stock of KORU Medical Systems is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions58.60% of the stock of KORU Medical Systems is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about KORU Medical Systems' insider trading history. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for KORU Medical Systems are expected to grow in the coming year, from ($0.16) to ($0.07) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of KORU Medical Systems is -8.82, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of KORU Medical Systems is -8.82, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioKORU Medical Systems has a P/B Ratio of 5.49. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about KORU Medical Systems' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Crypto Swap Profits625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetched, but results like this are within reach with the right knowledge and timing in the altcoin market. Plus, you’ll get $10 in real Bitcoin when you stay to the end of the call and take a short quiz.>> Dive into the Workshop Here About KORU Medical Systems Stock (NASDAQ:KRMD)KORU Medical Systems, Inc. develops and manufactures medical devices and supplies in the United States and internationally. It offers the freedom infusion systems to deliver life-saving therapies to patients with chronic illnesses, such as primary immunodeficiency diseases, chronic inflammatory demyelinating polyneuropathy, and paroxysmal nocturnal hemoglobinuria. Its products include the FREEDOM60 syringe infusion system, the FreedomEdge syringe driver, HIgH-Flo subcutaneous safety needle sets, and precision flow rate tubing products. The company was incorporated in 1980 and is based in Mahwah, New Jersey.Read More KRMD Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart KRMD Stock News HeadlinesJuly 27 at 1:44 AM | americanbankingnews.comKORU Medical Systems (NASDAQ:KRMD) Upgraded at B. RileyJuly 26 at 6:53 PM | marketwatch.comKoru Medical Names Pazdan as Chief Operating Officer; Elimates CTO RoleJuly 27, 2024 | Unstoppable Prosperity (Ad)“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.July 26 at 7:34 AM | americanbankingnews.comKORU Medical Systems (NASDAQ:KRMD) Coverage Initiated at B. RileyJuly 25 at 7:29 PM | finance.yahoo.comKORU Medical Systems to Participate in the Canaccord Genuity 44th Annual Growth ConferenceJuly 25 at 2:24 PM | finance.yahoo.comKORU Medical Systems, Inc Announces Leadership Changes to Support Growth AgendaJuly 25 at 2:24 PM | finance.yahoo.comKORU Medical Systems, Inc. (NASDAQ:KRMD) is definitely on the radar of institutional investors who own 33% of the companyMay 14, 2024 | finance.yahoo.comKORU Medical Systems Signs Supply Agreement for a Phase III Clinical Trial for a Novel Endocrinological BiologicJuly 27, 2024 | Unstoppable Prosperity (Ad)“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.May 3, 2024 | finance.yahoo.comIt Looks Like KORU Medical Systems, Inc.'s (NASDAQ:KRMD) CEO May Expect Their Salary To Be Put Under The MicroscopeMay 2, 2024 | msn.comKORU Medical Systems, Inc. (NASDAQ:KRMD) Q1 2024 Earnings Call TranscriptMay 2, 2024 | finance.yahoo.comKORU Medical Systems Inc (KRMD) Q1 2024 Earnings Call Transcript Highlights: Record Revenue and ...May 1, 2024 | finance.yahoo.comKORU Medical Systems, Inc. Announces 2024 First Quarter Financial Results Delivering Double-Digit Revenue GrowthMay 1, 2024 | finance.yahoo.comKORU Medical Systems Inc (KRMD) Q1 2024 Earnings: Revenue Surpasses Estimates Amidst ChallengesApril 22, 2024 | msn.comHeat face Celtics in first round after epic conference finals duel last seasonApril 17, 2024 | finance.yahoo.comKORU Medical Systems to Report First Quarter 2024 Financial Results on May 1, 2024April 11, 2024 | businesswire.comKORU Medical Systems Announces Successful Appeal in EU Notified Body ReviewMarch 28, 2024 | investorplace.comThe Penny Stock A-List: 7 High-Profile Companies on the Verge of GreatnessSee More Headlines Receive KRMD Stock News and Ratings via Email Sign-up to receive the latest news and ratings for KORU Medical Systems and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings5/01/2024Today7/26/2024Next Earnings (Confirmed)8/07/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorMedical Industry Surgical & medical instruments Sub-IndustryN/A Current SymbolNASDAQ:KRMD CUSIPN/A CIK704440 Webwww.korumedical.com Phone(845) 469-2042Fax845-469-5518Employees82Year FoundedN/APrice Target and Rating Average Stock Price Target$3.50 High Stock Price Target$4.00 Low Stock Price Target$3.00 Potential Upside/Downside+41.7%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)($0.28) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-13,740,000.00 Net Margins-45.24% Pretax Margin-29.75% Return on Equity-25.10% Return on Assets-18.73% Debt Debt-to-Equity Ratio0.02 Current Ratio4.01 Quick Ratio3.37 Sales & Book Value Annual Sales$28.52 million Price / Sales3.96 Cash FlowN/A Price / Cash FlowN/A Book Value$0.45 per share Price / Book5.49Miscellaneous Outstanding Shares45,760,000Free Float34,048,000Market Cap$113.03 million OptionableOptionable Beta0.40 7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed InvestorsAs the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.Get This Free Report Key ExecutivesMs. Linda M. Tharby (Age 56)President, CEO & Director Comp: $713.37kMr. Thomas Adams (Age 51)CFO, Secretary & Treasurer Comp: $380.47kMr. Brian Case (Age 51)Chief Technology Officer Comp: $371.16kMr. Kenneth Miller (Age 55)Chief Commercial Officer Comp: $126.54kMr. Christopher PazdanSenior Vice President of OperationsMr. Rob CannonVice President of SalesMore ExecutivesKey CompetitorsCerusNASDAQ:CERSSight SciencesNASDAQ:SGHTAnika TherapeuticsNASDAQ:ANIKNevroNYSE:NVROPulmonxNASDAQ:LUNGView All CompetitorsInsiders & InstitutionsLegato Capital Management LLCBought 13,124 shares on 7/26/2024Ownership: 0.029%Allspring Global Investments Holdings LLCBought 10,603 shares on 7/26/2024Ownership: 0.023%Aaron Wealth Advisors LLCBought 10,603 shares on 7/22/2024Ownership: 0.023%Lakewood Asset Management LLCBought 8,300 shares on 7/18/2024Ownership: 0.149%Albion Financial Group UTSold 36,071 shares on 7/10/2024Ownership: 1.541%View All Insider TransactionsView All Institutional Transactions KRMD Stock Analysis - Frequently Asked Questions How have KRMD shares performed this year? KORU Medical Systems' stock was trading at $2.46 at the start of the year. Since then, KRMD stock has increased by 0.4% and is now trading at $2.47. View the best growth stocks for 2024 here. How were KORU Medical Systems' earnings last quarter? KORU Medical Systems, Inc. (NASDAQ:KRMD) posted its quarterly earnings data on Wednesday, May, 1st. The company reported ($0.02) earnings per share for the quarter, topping the consensus estimate of ($0.04) by $0.02. The company had revenue of $8.20 million for the quarter, compared to the consensus estimate of $7.49 million. KORU Medical Systems had a negative net margin of 45.24% and a negative trailing twelve-month return on equity of 25.10%. Who are KORU Medical Systems' major shareholders? Top institutional investors of KORU Medical Systems include Albion Financial Group UT (1.54%), Lakewood Asset Management LLC (0.15%), Legato Capital Management LLC (0.03%) and Allspring Global Investments Holdings LLC (0.02%). Insiders that own company stock include Joseph M Jr Manko and Linda M Tharby. View institutional ownership trends. How do I buy shares of KORU Medical Systems? Shares of KRMD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of KORU Medical Systems own? Based on aggregate information from My MarketBeat watchlists, some other companies that KORU Medical Systems investors own include NVIDIA (NVDA), Enphase Energy (ENPH), Alibaba Group (BABA), Walt Disney (DIS), PennyMac Financial Services (PFSI), Inseego (INSG) and Micron Technology (MU). This page (NASDAQ:KRMD) was last updated on 7/27/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. 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